RE:What's wrong with the stockPossibly the market didn't like the acquisitions of Semafo and Teranga. Pretty crazy as both were acquired at nice prices when you look at their NPV's and/or AISC (all in sustainable cost) of the projects
With the Investor presentation they show a crazy low AISC and big production rates if there are no lockdowns. Calculating the estimate production volume and AISC I am comfortable with EDV compared to the Stock Price.
I don't see such good valuations for any other big gold mines